Oil prices decline as China’s weak PMI data raises demand concerns; sanctions on Russian oil add to global supply pressures. WTI crude struggles ... the current bearish trend, with immediate ...
Oil prices will likely be constrained near $70 in 2025 amid weak demand from importers and rising global supply ... crude output. Also Read: India’s oil demand growth to top China’s in 2024 ...
Supply constraints and sanctions boost crude oil futures; traders eye $79.44 resistance, while $76.03 offers dip-buying ...
Crude oil prices extended gains in the Asian session on Wednesday, with the Brent futures up 0.35% to $77.32 per barrel, and the WTI futures rising 0.50% to $74.61 per barrel at 4:35 am CET, both ...
Oil prices settled higher on Tuesday, driven by concerns over limited supply from Russia and Iran because of Western sanctions and expected higher Chinese demand.
Crude oil futures could see better prospects as traders return from the holiday break, focusing on a potential recovery in China’s economy and fuel demand. That’s what Terence Hove, Financial ...
GSG is a broad commodity ETF that seeks to mirror the performance of the S&P GSCI Total Return Index. See why I rate the fund ...
According to this report, the global oil storage fee rental market size reached approximately USD 9.40 billion in 2023. Aided by the fluctuations in oil supply ... demand, causing a surplus of ...
Oil prices hovered near a two-week low on Tuesday after weak economic data from China and warming weather forecasts elsewhere ...
“It is too early to claim peak oil,” says Meg O’Neill, the chief executive of Woodside, Australia’s largest oil and gas ...
Not only this, but the so-called algorithmic traders, OPEC’s nightmare, also turned bullish on crude oil ... than demand trends in China and perceptions of the balance between supply and demand ...